Uncertainty and Mispricing
Brad and Jason discuss the current period of uncertainty around inflation and rates, leading to allocators of capital allocating less to risk assets and paying less for them. They predict a volatile and uncertain next 6-18 months. Jason highlights the mispricing in late-stage venture, with significant drops in valuations for companies like Instacart, Uber, and DoorDash. The discussion emphasizes the importance of timing and profitability in company building.In this clip
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All-In Podcast
E73: Late-stage VC markdowns and mistakes, market strategy, Ukraine/Russia update with Brad Gerstner
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